Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land For Sale, Henderson, KY Title is generated by Realmo AI

    Church Street, Henderson, KY 42420

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Henderson, KY

    Lot size:
    0.20 Acres
    Added:
    Mar 24, 2025
    Days on Market:
    437
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for Church Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    85A-98
    Lot size
    0.20 Acres

    We can help!

    Listing Contact
    William Childers
    William Childers

    Listing agent William Childers License #289121

    Listing office WTC Realty LLC 225 Walton Ave., Suite 110, Lexington, KY

    Listing date Mar 24, 2025

    MLS# 25005648 Listing URL

    Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 0.2 +/- acre lot
    • Henderson County location
    • Coordinates provided for precise location

    Overview

    A 0.2 +/- acre lot is available for sale in Henderson County, Kentucky.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Henderson
    County
    Henderson
    State
    Kentucky
    Longitude
    -87.379469
    Latitude
    37.800457

    Nearby Similar for Sale

    • $500,000
      2,799 SF

      Downtown Henderson Commercial Redevelopment Opportunity

      Prime corner lot suitable for various commercial uses.
      701 & 713 N Green St, Henderson, KY 42420
      View Details
    • $123,456
      2,672 SF

      Fourplex with Updated Roofing

      Four-unit property with roof replacement in 2024 and multiple HVAC replacements across the building.
      207 Barker Rd., Henderson, KY 42420
      View Details
    • $123,456
      3,222 SF

      Two-Sided Duplex with Two-Car Garages

      Duplex on a corner lot with two 3-bedroom, 2-bath homes and two-car garages, plus recent roof and HVAC updates.
      144 William & Mary Ct., Henderson, KY 42420
      View Details
    • $123,456
      3,224 SF

      Duplex with Two 3BR Units

      Two 3-bedroom, 1.5-bath residences provide straightforward rental income potential on a sizable lot.
      102 William & Mary Ct., Henderson, KY 42420
      View Details
    • $123,456
      3,651 SF

      Duplex with Two-Car Garages

      Well-maintained duplex on a 0.78-acre lot featuring mirrored 3-bedroom, 2-bath units and two-car garages on each side.
      139 William & Mary Ct., Henderson, KY 42420
      View Details
    • $123,456
      2,824 SF

      Duplex with Updated Roof

      Two side-by-side units offer matching two-bedroom living layouts with recent roof and HVAC improvements.
      126 William & Mary Ct., Henderson, KY 42420
      View Details
    • $123,456

      Income-Producing Storage Facility

      Well-maintained storage facility with multiple unit sizes and fresh interior paint.
      217 N Alvasia St., Henderson, KY 42420
      View Details
    • $123,456
      3,222 SF

      Duplex with Two-Car Garages

      Duplex on a corner lot offering a 3-bedroom, 2-bath layout with a two-car garage on each side.
      143 William & Mary Ct., Henderson, KY 42420
      View Details
    • $1,800,000
      4,800 SF

      Henderson, KY Commercial Opportunity

      Corner-lot commercial property on high-traffic corridor in Henderson, KY.
      1650 N Green St, Henderson, KY 42420
      View Details
    • $123,456
      3,182 SF

      Duplex with Two-Car Garage

      Two-unit duplex on a sizable lot with a 3-bedroom, 2-bath side and a separate 1-bedroom, 1-bath side.
      133 William & Mary Ct., Henderson, KY 42420
      View Details
    • $465,000

      Former Spa with Versatile Space

      Three-level commercial building, ideal for spa or new business.
      1228 N Elm Street, Henderson, KY 42420
      View Details
    • $123,456
      2,511 SF

      Duplex with Updated HVAC

      Duplex offers two mirrored 2-bedroom, 1-bath units, with HVAC replacements on both sides dated 2020 and 2026.
      132 William & Mary Ct., Henderson, KY 42420
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.2 +/- acre lot available in Henderson County.
    Where is this commercial land located?
    The property is located at Church Street Henderson, KY.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 0.2 +/- acre lot; Henderson County location; Coordinates provided for precise location
    (606) 344-6560
    We can help!
    Listing Contact
    William Childers
    William Childers
    Real Estate License ID: 289121
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Church Street, Henderson, KY 42420
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!